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We've had a weekend to digest the election result and I was wondering what people think might happen now?

The result for me was a real shock, its left me wondering just how stupid, selfish,greedy English people are. Do people really believe the tories have done a groat job and the economy is on Track?

Are we all living on a different planet?

I personally think the London bubble collapse will become evident in the next three months and the government can't do a thing about it,

This will take down the bubble elsewhere.

we are about to hear cries of bubble, crash, why did no one see it coming .

No doubt the tories will take the credit for fixing the housing market.

Failing all that my advice to anyone young enough wigwam gumption is to pack up and leave.

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We've had a weekend to digest the election result and I was wondering what people think might happen now?

The result for me was a real shock, its left me wondering just how stupid, selfish,greedy English people are. Do people really believe the tories have done a groat job and the economy is on Track?

Are we all living on a different planet?

I personally think the London bubble collapse will become evident in the next three months and the government can't do a thing about it,

This will take down the bubble elsewhere.

we are about to hear cries of bubble, crash, why did no one see it coming .

No doubt the tories will take the credit for fixing the housing market.

Failing all that my advice to anyone young enough wigwam gumption is to pack up and leave.

I know what will happen to me. I'll continue with the plan that I started in 2007 and with a fair wind in another 18 months will likely be "packing up and leaving". It's a shame because I love this great country but there are also plenty of other great places to live where property ramping is not a national hobby. Where I'm going property is more affordable allowing me to provide a pleasant secure home for my family. Nothing more, nothing less and certainly not a property investment.

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I know what will happen to me. I'll continue with the plan that I started in 2007 and with a fair wind in another 18 months will likely be "packing up and leaving". It's a shame because I love this great country but there are also plenty of other great places to live where property ramping is not a national hobby. Where I'm going property is more affordable allowing me to provide a pleasant secure home for my family. Nothing more, nothing less and certainly not a property investment.

Good on you.

I have no idea how the leeches, middlemen, public sector and pensioners think their economy will function when the young, the productive, the useful and the immigrants all leave.

I've been on a promise of a job in the states for a while now, I think maybe it's time to pursue it Further.

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...oh and I should have added compared to Labour the Tories were my best bet for this plan so I've ended up with the best of the worst bunch. Sure they're going to flog off yet more Council Houses at the low end which doesn't help me and restrict building for everyone else which would hurt me if I stayed but given I've pretty much given up buying in the UK then that does me no harm. The win for me is that as a higher rate tax payer the Tories still give me full relief on my pension contributions. Labour were going to take that away.

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...

I have no idea how the leeches, middlemen, public sector and pensioners think their economy will function when the young, the productive, the useful and the immigrants all leave.

...

That will soon be someone else's problem. I came to this site in 2007 just wanting to buy a home for my family. I was also prepared to work hard to provide for my family in this great country.

The only thing I'm glad of is that I implemented a Plan B while I waited for the HPC. Now Plan B has become Plan A.

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This country is in such a precarious state that nothing can change.

People are broke,they borrow as much money as they can and their finances totally rely on continuity of income. When the odd one falls by the way side, the herd barely notices and carries on grazing.

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You know what I've been thinking the same as well.

How can the public be so gullible and naive and believe call me dave's lies and his mates in the right wing press fear mongering. So strange.

Currently renting and was thinking of buying about a year ago, but thought i'd see actually how the election pans out so stopped looking. Seeing this result has made me even more wary of buying.

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This country is in such a precarious state that nothing can change.

People are broke,they borrow as much money as they can and their finances totally rely on continuity of income. When the odd one falls by the way side, the herd barely notices and carries on grazing.

... and amongst the herd there are some that shun debt, live well below they're means, save hard and invest wisely. Then one day when the herd is so weighed down that the lions won't even break a sweat a number of us will make a run for it.

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You know what I've been thinking the same as well.

How can the public be so gullible and naive and believe call me dave's lies and his mates in the right wing press fear mongering. So strange.

Currently renting and was thinking of buying about a year ago, but thought i'd see actually how the election pans out so stopped looking. Seeing this result has made me even more wary of buying.

I'd be interested to hear what your plan is if you aren't buying?

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As nothing has been done to fix the core economy, we have to asks what more they can do to keep the fake one going. Maybe more QE although that didn't work, probably more forbearance.

There are going to be a lot more cuts, aren't quite a lot already baked in for the first couple of years of this parliament?

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You know what I've been thinking the same as well.

How can the public be so gullible and naive and believe call me dave's lies and his mates in the right wing press fear mongering. So strange.

Currently renting and was thinking of buying about a year ago, but thought i'd see actually how the election pans out so stopped looking. Seeing this result has made me even more wary of buying.

Same hero. the prices are now so far from reality, so far from value, so risky, where the value of cash and incomes seemingly having no value relative to house prices that buying into the pyramid now is not an option.

the only people who should be buying, and probably were, are the lucky London sellers cashing in and down sizing. How many of these lucky sellers have gone the other way and took on more debt?

Interesting times, hope for the best, plan for the worst

Edited by TheCountOfNowhere

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Same hero. the prices are now so far from reality, so far from value, so risky that buying into the pyramid now is not an option.

the only people who should be buying, and probably were, are the lucky London sellers cashing in and down sizing. How many of these lucky sellers have gone the other way and took on more debt?

Interesting times, hope for the best, plan for the worst

"Interesting times, hope for the best, plan for the worst" - worked for me. What's stopping you from packing up and moving to the US? In the modern world if you have money or skills many countries have a pretty open door.

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If you are young then leave. ****** this selfish nation. Give it a try you can always return if it really isn't working out. But at least you could say you gave it a go.

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I'd be interested to hear what your plan is if you aren't buying?

Well I'm tempted to go blow what ive saved playing red/black at the local casino!.

Seriously though, just going to rent for maybe another year and see how the general public feeling is once the honeymoon period for the Tories is over and the masive cuts come in force.

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Well I'm tempted to go blow what ive saved playing red/black at the local casino!.

Seriously though, just going to rent for maybe another year and see how the general public feeling is once the honeymoon period for the Tories is over and the masive cuts come in force.

While you wait are you working on a Plan B? I thought the wait would only be a short time but 8 years on I'm glad I didn't depend on a HPC to occur.

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"Interesting times, hope for the best, plan for the worst" - worked for me. What's stopping you from packing up and moving to the US? In the modern world if you have money or skills many countries have a pretty open door.

that plan is to leave, the timing is the only variable. I currently have a decent, interesting, position paying very well And allowing me to further my plan. I also have a couple of young children to consider, they become the main focus for any decision. It's not my future I'm most concerned about its theirs.

When then the trolls read this, think on, not being in the housing pyramid has allowed me to make much more money than any house I could have bought. now I'll be taking my actually earned gains and leaving you to a life of despair and debt, you might feel rich,smart, snug now but you've almost certainly ensured your children a much poorer future. the childless twenty something hair gelled leeching 2nd hand house salesmen won't realise this yet, one day they will.

Edited by TheCountOfNowhere

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...oh and I should have added compared to Labour the Tories were my best bet for this plan so I've ended up with the best of the worst bunch. Sure they're going to flog off yet more Council Houses at the low end which doesn't help me and restrict building for everyone else which would hurt me if I stayed but given I've pretty much given up buying in the UK then that does me no harm. The win for me is that as a higher rate tax payer the Tories still give me full relief on my pension contributions. Labour were going to take that away.

The tories have been better than Labour were with relaxing planning rules. Do you not remember the fuss a few years back? The relaxation is now having some effect and quite a few more applications are being approved. More applications are also being approved on appeal too.

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that plan is to leave, the timing is the only variable. I currently have a decent, interesting, position paying very well And allowing me to further my plan. I also have a couple of young children to consider, they become the main focus for any decision. It's not my future I'm most concerned about its theirs.

When then the trolls read this, think on, not being in the housing pyramid has allowed me to make much more money than any house I could have bought. now I'll be taking my actually earned gains and leaving you to a life of despair and debt, you might feel rich,smart, snug now but you've almost certainly ensured your children a much poorer future. the childless twenty something hear gelled leeching 2of hand house salesmen won't realise this yet, one day they will.

For me it's also just timing - not if but when. I'm also in a well paying position (wouldn't go as far as saying decent or interesting). I want to make sure when I pull the trigger work will become truly optional. I think I have 85% of the wealth I need to never work again. I could probably go now but it's worth going to 100% given at current run rate it's only another year or so.

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The tories have been better than Labour were with relaxing planning rules. Do you not remember the fuss a few years back? The relaxation is now having some effect and quite a few more applications are being approved. More applications are also being approved on appeal too.

great, if you've got a spare 300k to buy a tiny plot of mud. Edited by TheCountOfNowhere

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For me it's also just timing - not if but when. I'm also in a well paying position (wouldn't go as far as saying decent or interesting). I want to make sure when I pull the trigger work will become truly optional. I think I have 85% of the wealth I need to never work again. I could probably go now but it's worth going to 100% given at current run rate it's only another year or so.

And without a buy to let portfolio?

:lol:

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The tories have been better than Labour were with relaxing planning rules. Do you not remember the fuss a few years back? The relaxation is now having some effect and quite a few more applications are being approved. More applications are also being approved on appeal too.

Probably too little too late for me given current glacial pace. I'll keep an eye on it but by the end of this year we'll firm up our plans. After that I'll zone out of UK house prices and get on with the next stage of life.

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And without a buy to let portfolio?

:lol:

There are many ways to build financial security. I prefer a diversified portfolio of assets rather that placing it all on red.

Edit: to add that I have no BTL in that diversified portfolio.

Edited by wish I could afford one

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While you wait are you working on a Plan B? I thought the wait would only be a short time but 8 years on I'm glad I didn't depend on a HPC to occur.

Yeah these last few years whilst ive become more stable at work, I've been saving the most I can every month whilst not solely living on beans on toast.

But seeing that interest rates have been low also, I decided to take the risk of stocks and shares also to make these savings actually work for me. The last few years I had these they've been ok.

Can I ask. Where you going to emigrate to?

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While you wait are you working on a Plan B? I thought the wait would only be a short time but 8 years on I'm glad I didn't depend on a HPC to occur.

I'd guess for most plan a was wait for sanity to return to the market but many will now have replaced plan a with plan b.

There is no plan c, it's leave or nothing now.

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